Grateful American® Foundation

Who created the $ dollar sign?

April 1st

money-14April 1, 1778 — Louisiana businessman Oliver Pollock created the dollar sign as the symbol we know today.

Pollock immigrated to America in 1760 from Ireland at age 25. He began a career as a merchant in the West Indies and was headquarters in Havana, Cuba where he traded mainly with the Spanish. In 1777 he was appointed to be the commercial agent of the United States Government making him the economic representative of the colonies.

It is speculation as to the exact origins of the dollar sign design, but many believe Pollock combined the “U” and “S” of the United States to create the shape: “$” Some, however, think that the symbol was the result of Pollock’s bad penmanship, for which he was well known.

Words of Wisdom

Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has the more one wants.

— Benjamin Franklin, renowned polymath and leading author, printer, political theorist, politician, postmaster, scientist, inventor, civic activist, statesman, and diplomat (January 17, 1706 – April 17, 1790)

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